Agrawal to sell 2.25% stake in Emerging Nepal

लगानी न्यूज

२० कार्तिक २०८३, शुक्रबार १०:२६November 6, 2026

Kathmandu. Shashikant Agrawal, the original shareholder of Emerging Nepal Limited, has decided to sell all the shares owned by him.

According to the information given to the Nepal TAG_OPEN_div_18 Stock Exchange (NEPSE), Agrawal has expressed his intention to sell 1,25,010 units of shares within the next three months.

According to the company, Agarwal has a total of 1,25,010 shares of Emerging Nepal. This is 2.25 percent of the total shares of the company. He is going to sell 100 percent of the shares he owns.TAG_OPEN_div_16

The company said that Agarwal is going to sell the shares with the intention of raising capital for the business business. In this regard, an application was received in the company on November 19 with the intention of selling the shares.

As per the directive of the Securities Board of Nepal (SEBON), the existing primary shareholders at the time of the initial public offering (IPO) are required to inform about the sale of 15 percent or more of their shares, five business days in advance.TAG_OPEN_div_12

The company has clarified that the concerned shareholders have only expressed their intention to sell the shares. This notice is not information about the completion of the share sale but only prior information about the proposed sale.